Gregor Robertson, Mark Carney’s newly appointedĀ Housing Minister
Election Promise
Mark Carney has pledged to make housing more affordable, but this has typically been framed around increasing supply, subsidizing first-time buyers, and curbing speculation.
Today, Gregor Robertson the former Vancouver mayor who was sworn in as housing minister say Nope, house prices should remain UNAFFORDABLE!
Should home prices go down? āNo,ā says Canadaās new housing minister
Higher housing supply, not lowering home prices, are the solution for Canadaās housing crisis, Canadaās new housing minister said on Wednesday.
Gregor Robertson, the former Vancouver mayor who was sworn in as housing minister in Prime Minister Mark Carneyās new cabinet on Tuesday, attended the first meeting of the new cabinet on Wednesday.
When asked by reporters if he thinks home prices need to go down, he told reporters: āNo, I think that we need to deliver more supply, make sure the market is stable.ā
Robertson said his work as housing minister will focus on building up supply of affordable housing in Canada.
āWe need to be delivering more affordable housing. The Government of Canada has not been building affordable housing since the ā90s and weāve created a huge shortage across Canada,ā he said.
āThatās where the big need is right now and Iām very encouraged that the prime minister and our commitment right now in government is to double construction and focus on the affordable side.ā
Conservative Leader Pierre Poilievre on Tuesday had blamed Robertson for high home prices in Vancouver.
āIf this is the new blood that Mr. Carney is bringing into that cabinet, then sadly for Canadians, nothing is going to change and the role of the Conservative Party will be more important than ever,ā Poilievre said.
Carney was asked on Tuesday why Robertson, whose term as mayor saw property prices in Vancouver skyrocket, was the right choice for housing minister.
He was asked if the appointment was an indication that the government does not want property prices to go down.
āYou would be very hard-pressed to make that conclusion,ā Carney said in response.
āFrom everything Iāve said and what our priorities are, we have a strong view on housing, a very clear policy developed with a number of members of the team, including with Mr. Robertson. And Iām thrilled that he is in the new role because he brings the type of experience that we need to tackle some aspects of this problem.ā
Former prime minister Justin Trudeau in September 2023 had said prices need to stop rising.
āI think one of the things that we know is that prices, house pricing, cannot continue to go up,ā said Trudeau at the time. āItās not fair to young people who feel like cities are turning their backs on them when housing is that expensive. Young people feel like cities donāt want them. They feel like they canāt succeed.ā
Well, it sound like folks have all been SCAMMED by Liberals’ Mark Carney the proven hypocrite aka “Sleazy Slimeball”…
Many Canadian voters are surprised and feel betrayed by the Liberal government’s failure to make housing significantly more affordable, despite their repeated election promises. Hereās why:
1. Broken Promises on Affordability
The Liberals campaigned heavily on housing affordability in 2015, 2019, and 2021, with pledges to:
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“Make housing more affordable for buyers and renters.”
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“Build more homes and curb speculative demand.”
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“Help first-time buyers enter the market.”
Yet, since 2015:
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Home prices have nearly doubled nationally.
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Rents have skyrocketed (up over 30% in major cities since 2021).
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Mortgage costs have surged due to higher interest rates.
The new housing ministerās statement that “home prices should not go down” suggests the government is now prioritizing market stability over significant price correctionsācontrary to what many struggling voters expected.
2. Did the Liberals Mislead Voters?
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They avoided promising outright price declines, instead focusing on “affordability” through subsidies (e.g., First Home Savings Account) and slow supply increases.
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But rhetoric implied relief: Carney framed housing as a crisis and promised solutions, leading voters to expect meaningful improvements.
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Now, the government is admitting that they wonāt let prices fall, which means affordability must come from higher wages (unlikely) or lower mortgage rates (not guaranteed).
3. Why Wonāt They Allow Price Drops?
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Political fear of angering homeowners (nearly 2/3 of Canadians own homes).
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Risk of economic instability (falling prices could trigger mortgage defaults, banking stress).
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Municipal and provincial barriers (zoning, NIMBYism) limit rapid supply growth.
4. Should Voters Be Surprised?
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Yes, if they believed the Liberals would meaningfully lower housing costs.
5. What Now?
The Liberals are likely to:
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Keep pushing supply-side fixes (Fat chance — slow, long-term impact).
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Blame municipalities, conservatives, or global factors.
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Hope rate cuts ease mortgage painābut prices may rise again if demand surges.
Conclusion
Voters who expected drastic affordability improvements have reason to feel misled. The Liberalsā shift to protecting home values (instead of lowering them) confirms that their policies prioritize stability over steep price cutsāmeaning housing may remain unaffordable for years.
Was this betrayal predictable? Arguably, yesābut it doesnāt make it less frustrating for those priced out of the market.
Whaddaya Say?